While on a working visit to Russia, the UAE president briefly toured the country’s pavilion at the St. Petersburg International Economic Forum (SPIEF). For the UAE, this is a “calculated risk” it is willing to take, part of the Gulf nation’s policy of de-escalation and dialogue in an increasingly polarized world, a top UAE official told CNN in exclusive comments on Thursday. “This polarization has to be broken,” Anwar Gargash, the diplomatic adviser to the UAE president, said. Meanwhile, its bilateral trade with Russia increased by 68% to $9 billion in 2022, mostly Russian exports to the UAE. But the UAE’s policy towards Russia has invited warnings from the US that individuals and institutions that allow Russia to evade sanctions risk losing access to G7 markets.

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Persons: Mohamed bin Zayed, ” Sheikh Mohammed, Putin, ” Anwar Gargash, “, Sheikh Mohamed, Gargash, ”, ” Gargash, Brittney, Victor Bout, Sheikh Mohamed’s, Griner, Dina Esfandiary, Abdullah bin Touq Al Marri, Esfandiary Organizations: UAE CNN —, West, United Arab Emirates, St ., Economic, UAE, CNN, Putin, Crisis Locations: Abu Dhabi, UAE, Ukraine, Russia, St, St . Petersburg, “, Europe, East, North Africa, United States, Al Dhafra, Israel, China, Iran, Turkey, SPIEF, Emirates